It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Oracle may decimate its staff Oracle may decimate its staff
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Oracle may decimate its staff
Reply
 
Thread Tools
Old 25th March 2019, 15:18   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 148,500
Stefan Mileschin Freshly Registered
Default Oracle may decimate its staff

Staff complain of an employment "blood bath"

Oracle has been quietly laying off employees and is not saying how many are going to be exiting its buildings with their belongings in old photocopy boxes.

So far 50 have been fired in Mexico, 50 in New Hampshire, 100 in India, at least that many in Silicon Valley. It appears that Oracle wants thousands gone and it is rumoured that ten per cent of its staff is the target.

Oracle’s global headcount, which in 2018 was around 137,000. Cuts will be made in three phases this year with around 5000 employees cut in this first phase.

The database maker slashed 1000 jobs in Silicon Valley from its SPARC and Solaris teams a while back. But this current layoff operation came as a surprise to employees and observers. The lack of transparency and abruptness has people worried.

An email from Oracle executive vice president Don Johnson with the subject line “Organizational Restructuring” arrived in employee inboxes telling them that from now on everything in the company would revolve around the Oracle Cloud Infrastructure (OCI) operation.

“OCI’s business is stronger than ever, and this team’s future is bright.” —Oracle Executive Vice President Don Johnson, in an email to employees. It is just everyone else who is in trouble.

“Today’s changes within OCI will better align with Larry's vision of the business. It will streamline our products and services, focus investments on our most strategic priorities, and help us to more effectively and rapidly deliver the full promise and reach of Oracle's Gen 2 Cloud.”

https://fudzilla.com/news/memory-and...mate-its-staff
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Toshiba to lay staff off Stefan Mileschin WebNews 0 2nd October 2015 10:25
Cloudy outlook for Oracle Stefan Mileschin WebNews 0 17th September 2015 11:40
Oracle hit by currency fluctuations Stefan Mileschin WebNews 0 18th June 2015 08:45
Microsoft gets scared by Oracle Stefan Mileschin WebNews 0 7th May 2015 06:23
Oracle about to buy Micros Systems Stefan Mileschin WebNews 0 19th June 2014 07:08
Oracle Buys Eloqua Stefan Mileschin WebNews 0 22nd December 2012 06:15
Google to pay Oracle $0 Stefan Mileschin WebNews 0 22nd June 2012 07:24
Oracle Could End Up With Nothing In Suit Against Google Stefan Mileschin WebNews 0 17th May 2012 06:52
AMD set to slash staff Stefan Mileschin WebNews 0 4th November 2011 06:49
AMD Announces IBM and Oracle Support Sidney WebNews 0 25th May 2004 06:24

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 02:27.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO